Liquid Index Series April 2020 Quarterly Review
Brave New Coin Index Governance Committee announces the following items discussed during the BNC April 2020 Quarterly Index Review. These changes will affect all LX Indices.
Trust Factors
The trust factors have been recalculated for the next quarter. The committee analyses the difference with last quarter and no anomaly has been identified.
Evaluation Of Constituents
BNC has set its minimum number of constituent exchanges for index compilation at six. This ensures effective data redundancy and uncompromised index quality.
The Index Committee decided to start analysing the following markets because of their significant liquidity. The below marketplaces and their pairs will be evaluated during the next quarter for inclusion.
| Index | Exchange | Market |
|---|---|---|
| Bitcoin Liquid Index (BLX) | Bitstamp | BTC/EUR |
Price Performance
An analysis was presented to the Index Committee regarding the Bitcoin price crash on 12th March, 2020. The following chart shows the index behavior in a market-wide decline.
Please see the below public release for full details on this announcement.
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